{"id":6880,"date":"2010-05-17T17:08:04","date_gmt":"2010-05-17T15:08:04","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=6880"},"modified":"2010-05-17T17:08:04","modified_gmt":"2010-05-17T15:08:04","slug":"the-markets-try-to-bring-down-the-euro","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/05\/17\/the-markets-try-to-bring-down-the-euro\/","title":{"rendered":"The markets try to bring down the Euro"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/57bca0ea-619b-11df-aa80-00144feab49a,s01=1.html\">FT.com \/ Currencies - Bets against the euro hit record levels<\/a>.<\/p>\n<blockquote><p>Short-term speculators have raised their bets against the euro to record levels.<\/p>\n<p>Positioning data from the Chicago Mercantile Exchange, often used as a proxy for hedge fund activity, showed speculators extended their short positions in the euro from 103,400 contracts to 113,900 contracts, or $18bn, in the week to May 7.<\/p><\/blockquote>\n<p>With complete contempt for society as we know it the markets attempt to bring down the Euro, utterly indifferent to the consequences for democracy, ordinary people, peace or anything else.<\/p>\n<p>And you wonder why so many of us want hedge funds regulated?<\/p>\n<p>Let's start with defending society as we know it as the opening bid and move on from there shall we?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FT.com \/ Currencies &#8211; Bets against the euro hit record levels. Short-term speculators have raised their bets against the euro to record levels. Positioning data<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/05\/17\/the-markets-try-to-bring-down-the-euro\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-6880","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=6880"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6880\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=6880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=6880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=6880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}